Analysis

Have we seen the end of ‘easy’ market expansion in gambling?

New licences still offer opportunities. But as taxes rise and regulatory settlements prove less durable than ever, gambling’s next growth story may need more than another flag on the map.

· 8 min read
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Key Points
Higher taxes and demanding regulatory requirements are changing how much operators can earn from licensed markets
Acquisitions can provide local brands and expertise, but operators still face integration costs and regulatory uncertainty
Established gambling markets continue to generate growth, challenging the idea that maturity necessarily means saturation
Operators and suppliers face tougher decisions about where to invest and how to turn expansion into lasting returns

Few things look better in an investor presentation than a newly accessible market. There’s a population figure, an enticing revenue forecast and, ideally, a football obsession.

Somewhere in the next slide, a hockey-stick chart likely awaits…

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Have we seen the end of ‘easy’ market expansion in gambling?

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8 min read • • By Jack Found
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